📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

2017 mfw

Options
1…1718202223…115

Comments

  • michelle09
    michelle09 Posts: 912 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    #84 reporting in with an OP of £100.

    (£243.07 total).
  • icklehelen
    icklehelen Posts: 355 Forumite
    Part of the Furniture 100 Posts PPI Party Pooper
    So after a few decisions made with DH I can now add a further OP of £500 for January.

    so #6 total OP of £506 so far for January.

    Will be back later in the month :D

    Thanks
    Total OPs 2012 - 2019 £39744.75
    Target 2020 £18500/£18500
    01/05/2020 MORTGAGE FREE
    MFiT-T4 #03 MFW2019 #3
  • Yaz_2016
    Yaz_2016 Posts: 24 Forumite
    Fourth Anniversary
    Good evening,

    #19 reporting an overpayment for January £1660.

    Thank you

    Yaz
  • Maybe_its_because
    Maybe_its_because Posts: 440 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    Morning,

    First report of the year for #10.
    £179 sent to the mortgage.
    Thanks Hidden Shadow for getting us organised for 2017.
    Looking forward to a busy year of OPing.

    Thanks,

    MIB x
    MFW2020 #5 £2,000/2,000 MFW2021 #5 £1,850/3,500MFW2022 #5 £3.001/3,000Sep'12 £233,750 Jan'15 £222,329 Dec’21 £139,584 MFiT T4 #24 £48k/£34k MFiT T5 #24 £22,186/£41k MFiT T6 #24 £4,700/£29k
  • User1489
    User1489 Posts: 400 Forumite
    Fourth Anniversary 100 Posts
    So many good overpayments considering we haven't even hit January payday at the end of the month yet!
    Baby Step 1 - £1k Emergency Fund - COMPLETE
    Baby Step 2 - Pay off all debts except the Mortgage - £9,326 to go
    Baby Step 3 - Save 6 months of expenses into full Emergency Fund - £4,300 to go
    Baby Step 4 - Put 15% into Pension
    Baby Step 6 - Pay off the Mortgage early
    Baby Step 7 - Live like no-one else :D
  • bournefree
    bournefree Posts: 118 Forumite
    Anyone else looking to put their Feb and March Council tax equivalent amounts towards overpaying?
  • ajmoney
    ajmoney Posts: 6,466 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    bournefree wrote: »
    Anyone else looking to put their Feb and March Council tax equivalent amounts towards overpaying?
    I do this every year!
    MFW 2025 No. 7 £1130/£1200
    MFiT-T7 No. 6 £2873.51/£30,000
  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 338 Forumite
    Part of the Furniture 100 Posts Name Dropper
    No 46 reporting in.

    Decided to bite the bullet today and close some savings accounts - all in all the interest saved on the mortgage far out ways any interest gained.

    So my overpayment for January is £4,001.91. Given my target was £3500 I probably need to review it :)

    I'll be back with a new target asap.

    MM xx
    Mortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
    Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
    MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000

    01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41

    Debt at highest point in 24 -£21,344
    Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!
  • bournefree
    bournefree Posts: 118 Forumite
    Wow well done Mortgage Mi...!
  • raino144
    raino144 Posts: 55 Forumite
    edited 8 January 2017 at 9:06PM
    Overpayment £1k + capital repayment on BTL £240 = £1,240 January. capital reduction!

    £24k this year could Happen... Christmas done and overpayment made! Onwards and upwards!

    2017 #40
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture